CONTRACT AND PROJECT FINANCE (CCE)

SHE Level 3
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code M3N224862
Module Leader n/a
School School of Computing, Engineering and Built Environment
Subject SCEBE - School Office
Trimesters
  • A (September start)
  • B (January start)

Pre-Requisite Knowledge

M2K203047 : Construction and Property Contracts * Please note this is also delivered in CCEO and they should be notified of any changes to this module.

Summary of Content

Understanding the principles of contract administration under the Joint Contracts Tribunal 98 form. This will be supplemented by case law. An introduction to adjudication and associated legislation.An introduction to financial management in the construction sector with particular attention to cash flow and investment decisions.

Syllabus

Management contracting, construction management, and design and build procurement routes. Further study of JCT 98 form including more advanced variations, fluctuations, payment, testing, domestic and nominated subcontractors and suppliers, the duty to complete, extensions of time, loss and/or expense, and liquidated damages. An introduction to adjudication. Contemporary developments in case law and legislation. The concept of capital, costs and availability of finance, construction costs, bidding strategy, investment appraisal decisions, life cycle costing, cash flow, insolvency.

Learning Outcomes

On successful completion of the module, the student should: -have an understanding of the operation of the JCT form of contract and contract administration under alternative procurement routes-be able to carry out discounted cash flow computations, and - be able to read and interpret a company accounts and balance sheet.

Teaching / Learning Strategy

The basic material will be delivered by flexible learning material including lecture notes, case studies, and worked examples. Keynote lectures, examples classes, and seminars will back this up. Some seminar material will delivered via the web.

Indicative Reading

The Standard Form of Building Contract 1998 Edition, Private with quantities, (JCT 98) The Scottish Building Contracts committee Form Tenders and Contracts for Building - The AQUA Group - Blackwell Science (1999) Contract Administration - The AQUA Group - Blackwell Science (2002)Other reading as directed including specific journals such as Building, Contract Journal, and Construction Law Web Sites: Society of Construction Law www.scl.org.uk Geoff Brewer (Contract Journal articles)www.brewer-con.co.uk Tony Bingham (Building articles)www.tonybingham.co.uk Blackboard

Transferrable Skills

Role-play and group working skills, negotiation skills, communication, presentation, and IT skills. The use of computer spreadsheets for financial projections.

Module Structure

Activity Total Hours
Web based study (FT) 20.00
Seminars (FT) 10.00
Independent Learning (FT) 90.00
Tutorials (FT) 10.00
Practicals (FT) 10.00
Directed Learning (FT) 30.00
Assessment (FT) 10.00
Lectures (FT) 10.00
Private Study (FT) 10.00

Assessment Methods

Component Duration Weighting Threshold Description
Exam (School) 1.50 25.00 35% Mid Term Test -  Unseen written examination-1½ Hours
Coursework 0.00 50.00 35% Module based Assignment with a case study report (2000 words)
Exam (Exams Office) 1.50 25.00 35% End Term Test -  Unseen written examination-1½ Hours